KPMG Expects 400 People To Leave As The Firm Reshapes Business

An investigator says KPMG should be forced to take responsibility for its role in VBS’s collapse. David Ritchie / African News Agency. PICTURE: BusinessLive

JOHANNESBURG: KPMG expects some 400 people to leave the firm as it shuts several regional offices. The embattled audit firm announced on Monday that it was “reshaping” its business and “strengthen[ing] leadership capacity”. “These changes […]

BEHIND SOFT TOUCH BAKERY STORY: If It Happened To Us, It Can Happen To You

PICTURE: Supplied

Soft Touch Bakery is a 100% youth owned Co-operative based in Inxuba Yethemba Municipality, Cradock. The formation of the group came about after the NYDA facilitated a community mobilisation initiative which was followed by an […]

Court Dismisses ANC’s Andile Lungisa’s Appeal

PICTURE: Mail&Guardian

PORT ELIZABETH: Magistrate Morne Cannon said Lungisa had shown no remorse for his actions and sentenced him to three years, with one year suspended for a period of five years. ANC Eastern Cape heavyweight Andile […]